London Stock Exchange Group (LON:LSEG) Sets New 12-Month Low - What's Next?

Key Points

• The London Stock Exchange Group (LON:LSEG) has hit a new 52-week low of GBX 8,632 ($117.04), illustrating a significant decline in its stock price.
• Despite the recent drop, analysts remain optimistic with an average buy rating and a price target of £130, indicating that many see potential in the company's recovery.
• Insider purchases totaling £672,267 over the last quarter suggest that company executives believe the stock is currently undervalued.

London Stock Exchange Group plc (LON:LSEG - Get Free Report) hit a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 8,632 ($117.00) and last traded at GBX 8,722 ($118.22), with a volume of 5219146 shares changing hands. The stock had previously closed at GBX 8,632 ($117.00).

Analyst Ratings Changes

LSEG has been the topic of several recent research reports. Citigroup increased their target price on London Stock Exchange Group from £130 to £132 and gave the company a "buy" rating in a research report on Monday, August 4th. Deutsche Bank Aktiengesellschaft increased their price objective on London Stock Exchange Group from £127 to £128 and gave the company a "buy" rating in a report on Friday, August 1st. JPMorgan Chase & Co. reiterated an "overweight" rating on shares of London Stock Exchange Group in a report on Wednesday, September 10th. Finally, Royal Bank Of Canada reiterated an "outperform" rating and set a £132 price objective on shares of London Stock Exchange Group in a report on Thursday, July 31st. Five research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company has a consensus rating of "Buy" and a consensus price target of £130.

London Stock Exchange Group Trading Down 5.7%

The firm has a market capitalization of £42.62 billion, a price-to-earnings ratio of 4,383.41, a PEG ratio of 1.72 and a beta of 0.41. The company has a fifty day moving average price of GBX 9,616.86 and a two-hundred day moving average price of £106.46. The company has a current ratio of 1.00, a quick ratio of 0.01 and a debt-to-equity ratio of 47.39.

London Stock Exchange Group (LON:LSEG - Get Free Report) last released its quarterly earnings data on Thursday, July 31st. The company reported GBX 208.90 EPS for the quarter. London Stock Exchange Group had a return on equity of 2.92% and a net margin of 7.93%. As a group, research analysts forecast that London Stock Exchange Group plc will post 405.5009823 earnings per share for the current fiscal year.

London Stock Exchange Group declared that its board has approved a share repurchase plan on Thursday, July 31st that allows the company to repurchase 0 outstanding shares. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Stock repurchase plans are usually a sign that the company's board believes its stock is undervalued.

Insider Activity at London Stock Exchange Group

In other news, insider Lloyd Pitchford purchased 1,500 shares of the firm's stock in a transaction on Monday, August 4th. The shares were bought at an average cost of GBX 9,413 per share, for a total transaction of £141,195. Also, insider Michel-Alain Proch purchased 5,686 shares of the firm's stock in a transaction on Friday, August 1st. The shares were purchased at an average price of GBX 9,340 per share, for a total transaction of £531,072.40. Over the last three months, insiders have acquired 9,186 shares of company stock worth $86,030,740. Insiders own 0.29% of the company's stock.

London Stock Exchange Group Company Profile

LSEG is a leading global financial markets infrastructure and data provider that operates connected businesses to serve customers across the entire financial markets value chain. With capabilities in data, indices and analytics, capital formation, trade execution, clearing and risk management, we operate at the heart of the world's financial ecosystem and enable the sustainable growth and stability of our customers and their communities. Together, our five business divisions – Data and Analytics, FTSE Russell, Risk Intelligence, Capital Markets and Post Trade – offer customers seamless access to global financial markets, across the trading lifecycle. LSEG is headquartered in London and has a major presence throughout Europe, the Americas, Asia Pacific and emerging markets.